Nestled in the heart of Leamington, at 62 Moore Street, this Residential - Ownership home unit boasts 2 bedrooms, 1 bathroom, and a modern open plan kitchen-lounge area. Constructed in 1988 with brick walls and tiled roofing, this cross-lease property is in good condition both inside and out. It sits on a level contour, providing a comfortable 69 square meters of floor area. The highlight is the sunny north-facing patio and the convenience of a heat pump for year-round comfort. The property has seen a significant Capital Value increase from $440,000 in August 2019 to $620,000 in August 2022, marking a growth of 40.91%. The HouGarden AVM estimates the property's value at $622,500, while the latest sales were recorded at $235,000 in 2012 and $230,000 in 2007.
For families, the property falls within the zones of Cambridge High School and Cambridge Middle School, both decile 9, and Leamington School, a decile 7 institution. This makes it an ideal investment for those valuing education. Located near Leamington Shopping Village, it offers a perfect blend of convenience and privacy, thanks to its position on a quiet cul-de-sac street.
Whether you're downsizing, investing, or in search of your first home, this property presents a golden opportunity. It not only promises comfort and convenience but also a promising future with its increasing capital value.
Updated on September 13, 2024